I’m not cheering for China to come out rosy, but look, they have huge strategic reserves, a much bigger penetration of electrification, and the ability to ramp that up quickly. Overall, China is probably one of the BEST positioned countries to weather this - the impacts on other countries, including US allies, will be FAR worse. This is cutting off your nose to spite your face.
I’ve heard this before from people - that this is some kind of 3D chess attack on China, but that doesn’t hold water.
https://www.cnbc.com/2026/03/09/china-oil-shock-iran-war-hormuz-energy-transition.html
I’m not cheering for China to come out rosy, but look, they have huge strategic reserves, a much bigger penetration of electrification, and the ability to ramp that up quickly. Overall, China is probably one of the BEST positioned countries to weather this - the impacts on other countries, including US allies, will be FAR worse. This is cutting off your nose to spite your face.
Trump and Hegseth aren’t playing 3D anything.